Articles in Category: 'JPMorgan Chase'

By: Kenric Ward | Posted: May 20, 2010 12:02 AM

Florida's investigation into bid rigging in municipal bonds widened this week with reports that several of the country's largest banks may have been involved in a nationwide conspiracy.

According to federal indictments, the CDR Financial Products of Beverly Hills, Calif., gave false information to municipalities and fed information to bankers allowing them to win with lower interest rates than they were otherwise willing to pay.

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